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CONDENSED BALANCE SHEETS - USD ($)
Mar. 31, 2024
Sep. 30, 2023
Current assets:    
Cash and cash equivalents $ 5,309,321 $ 4,145,735
Prepaid expenses 696,648 520,368
Supplies used for R&D and manufacturing 2,489,284 2,248,072
Deposits 16,129 4,245
Total current assets 8,511,382 6,918,420
Finance lease right of use assets 8,251,453 9,131,987
Operating lease right of use assets 1,598,879 1,698,243
Property and equipment, net 9,113,284 10,188,126
Patent costs, net 180,482 197,704
Deposits 2,319,101 2,319,101
Supplies used for R&D and manufacturing 73,524 74,669
Total assets 30,048,105 30,528,250
Current liabilities:    
Accounts payable 1,015,969 2,009,786
Accrued expenses 1,219,399 1,049,581
Due to employees 751,607 557,244
Finance lease obligation, current portion 1,888,767 1,771,804
Operating lease obligation, current portion 211,275 197,431
Total current liabilities 5,087,017 5,585,846
Finance lease obligations, net of current portion 8,987,319 9,949,565
Operating lease obligations, net of current portion 1,544,126 1,652,949
Other liabilities 125,000 125,000
Total liabilities 15,743,462 17,313,360
STOCKHOLDERS' EQUITY    
Preferred stock, $.01 par value; 200,000 shares authorized; 0 shares issued and outstanding 0 0
Common stock, $.01 par value; 600,000,000 shares authorized; 54,083,718 and 47,422,304 shares issued and outstanding at March 31, 2024 and September 30, 2023, respectively 540,837 474,223
Additional paid-in capital 514,809,617 499,832,063
Accumulated deficit (501,045,811) (487,091,396)
Total stockholders' equity 14,304,643 13,214,890
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 30,048,105 $ 30,528,250